HDB Financial Services Limited (HDBFS) — Annual Report

HDB Financial Services Limited announced its 19th Annual General Meeting scheduled for June 25, 2026, via video conferencing, alongside the release of its FY 2025-26 Annual Report. The report highlights robust financial performance with total income of ₹18,429.67 Crore, profit after tax of ₹2,543.83 Crore, and a proposed final dividend of ₹2 per share (20%). Key growth areas include a 19.7% YoY increase in customer base to 22.9 million, 10.87% YoY growth in gross loan book to ₹1,18,493 Crore, and 16.91% YoY rise in PAT to ₹2,544 Crore. The company expanded its branch network to 1,730 locations across 1,161 cities, with 98.31% digital onboarding and 97% digital loan sourcing. Asset quality remains resilient with Gross Stage 3 ratio at 2.44% and provision coverage of 55.53%. The Board approved strategic authorizations including a ₹13,000 Crore receivables securitisation limit, increased borrowing limit to ₹1,50,000 Crore, and debt instrument issuance up to ₹32,824.72 Crore. ESG initiatives include 63,650+ trees planted, 589.2 Mn CSR spend, and 100% employee cybersecurity training. The filing also details governance changes, including the appointment of Mr. Natarajan Srinivasan as Non-Executive Chairman, and compliance with RBI, SEBI, and corporate governance norms.